Market Overview:
The global carbon dioxide absorber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for carbon dioxide absorbers in various applications such as hospitals, clinics, and others. In addition, the growing awareness about environmental protection is also propelling the demand for carbon dioxide absorbers globally. Based on type, the global carbon dioxide absorber market can be segmented into flake round particles, columnar particles, and spherical particles. The flake round particle segment is expected to hold a major share of the global market during the forecast period owing to its high efficiency and low cost. Based on application, hospitals are estimated to account for a major share of the global carbon dioxide absorber market in 2018 followed by clinics and others.
Product Definition:
A carbon dioxide absorber is a device that removes carbon dioxide from the air. Carbon dioxide absorbers are important because they help to keep the air clean and healthy.
Flake Round Particles:
Flake round particles are the by-product formed during the production of polycrystalline ice. It is a collection of solid pieces ranging in size from 0.1 to 1 mm and is usually found in air conditioning filters, cigarette smoke, and chimney flue dust among other places.
Columnar Particles:
The global columnar particles and its usage in carbon dioxide absorber market size was valued at USD 1.5 billion in 2015. The growing demand for efficient separation techniques to recover valuable components from a wide range of feedstock is expected to drive the industry growth over the forecast period.
Rising concerns regarding environmental pollution caused by waste disposal have led to an increased focus on recycling processes, which is expected to fuel product demand over the next seven years.
Application Insights:
The others application segment accounted for the largest revenue share of over 30% in 2017. The growing CO2 Absorber market is expected to drive demand from other applications such as a hospital, clinic or even industrial plants. These facilities require large quantities of the product due to its high absorption capacity and are likely to propel industry growth over the forecast period.
Hospital was estimated as the largest application segment in 2017 owing to rising awareness about better healthcare services among consumers across various regions globally. Rising investments by governments in improving healthcare infrastructure and equipment are also expected to have a positive impact on industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large population base, which makes it susceptible to chronic diseases prevalent among people such as respiratory problems, cardiovascular disorders, and diabetes. Rising CO2 levels in the atmosphere are anticipated to further increase health issues due to environmental pollution resulting from industrial activities in various countries of Asia Pacific. These factors are anticipated to drive demand for carbon dioxide absorbers over the forecast period.
North America emerged as a prominent regional market owing to rising awareness regarding carbon dioxide absorption properties of these products coupled with growing healthcare industry across U.S.
Growth Factors:
- Increasing demand for carbon dioxide absorbers from the beverage industry to maintain the quality of products and extend their shelf life.
- Growing demand for carbon dioxide absorbers from food processing industry to prevent food spoilage and contamination.
- Rising concerns over environmental pollution, which is expected to boost the adoption of carbon dioxide absorbers in various industries worldwide.
- Technological advancements in carbon dioxide absorption technology that would help reduce its overall cost and make it more accessible to a wider range of industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Dioxide Absorber Market Research Report
By Type
Flake Round Particles, Columnar Particles, Spherical Particles
By Application
Hospital, Clinic, Others
By Companies
Ge Healthcare, Draeger Medical, Smiths Medical, Intersurgical, Allied Healthcare, Vyaire Medical, Armstrong Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Dioxide Absorber Market Report Segments:
The global Carbon Dioxide Absorber market is segmented on the basis of:
Types
Flake Round Particles, Columnar Particles, Spherical Particles
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ge Healthcare
- Draeger Medical
- Smiths Medical
- Intersurgical
- Allied Healthcare
- Vyaire Medical
- Armstrong Medical
Highlights of The Carbon Dioxide Absorber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flake Round Particles
- Columnar Particles
- Spherical Particles
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Dioxide Absorber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon dioxide absorber is a material that can capture and store carbon dioxide emissions from industrial processes. When the CO2 levels in the atmosphere increase, this material can help to reduce those levels by absorbing the gas and storing it until it can be released back into the atmosphere.
Some of the key players operating in the carbon dioxide absorber market are Ge Healthcare, Draeger Medical, Smiths Medical, Intersurgical, Allied Healthcare, Vyaire Medical, Armstrong Medical.
The carbon dioxide absorber market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Dioxide Absorber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Dioxide Absorber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Dioxide Absorber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Dioxide Absorber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Dioxide Absorber Market Size & Forecast, 2020-2028
4.5.1 Carbon Dioxide Absorber Market Size and Y-o-Y Growth
4.5.2 Carbon Dioxide Absorber Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flake Round Particles
5.2.2 Columnar Particles
5.2.3 Spherical Particles
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Dioxide Absorber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Dioxide Absorber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flake Round Particles
9.6.2 Columnar Particles
9.6.3 Spherical Particles
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flake Round Particles
10.6.2 Columnar Particles
10.6.3 Spherical Particles
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flake Round Particles
11.6.2 Columnar Particles
11.6.3 Spherical Particles
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flake Round Particles
12.6.2 Columnar Particles
12.6.3 Spherical Particles
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flake Round Particles
13.6.2 Columnar Particles
13.6.3 Spherical Particles
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Dioxide Absorber Market: Competitive Dashboard
14.2 Global Carbon Dioxide Absorber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ge Healthcare
14.3.2 Draeger Medical
14.3.3 Smiths Medical
14.3.4 Intersurgical
14.3.5 Allied Healthcare
14.3.6 Vyaire Medical
14.3.7 Armstrong Medical
